by countyproperties | Sep 27, 2012 | Finance, Latest News, San Diego Real Estate
The Federal Reserve’s continued purchase of mortgage securities took the 30-year fixed-rate mortgage down to unchartered territory this week.The Freddie Mac survey showed the 30-year, FRM averaged 3.4% for the week ending Thursday, breaking through it’s all-time low...
by countyproperties | Sep 18, 2012 | Latest News, San Diego Foreclosure news
Foreclosure Filings—Notice of Default filings are the first step in the foreclosure process. Notice of Trustee Sale filings set the date and time of an auction, and serve as the homeowner’s final notice before sale. Foreclosure Outcomes—After the...
by countyproperties | Sep 18, 2012 | Finance, Latest News, San Diego Real Estate
Higher-dollar mortgages that typically finance bigger, pricier homes, widely called “jumbo loans,” may be getting easier to obtain.Such loans became popular during the housing boom as home prices soared and lending guidelines were lax. But they petered out...
by countyproperties | Sep 18, 2012 | Finance, Latest News
With rates for 30-year mortgages hovering below 4 percent since last October, all kinds of homeowners are trying to get their monthly mortgages reduced, say lenders and mortgage experts.Along with months of record-breaking low interest rates, other factors are driving...
by countyproperties | Sep 18, 2012 | Latest News, San Diego Short Sales
Homeowners who qualify for the Fannie-Freddie short-sale program could see their credit scores fall, even when they’ve made timely payments on their loans.With generous new guidelines from Fannie Mae and Freddie Mac likely to stimulate large numbers of short...
by countyproperties | Aug 27, 2012 | Latest News, San Diego Real Estate
Existing home sales rose in July, pushing prices up for the fifth straight month, according to the National Association of Realtors. Sales of existing single-family homes, town homes and condos increased 2.3% to an annual rate of 4.47 million properties. It’s...
